We all keep talking about alt season.

But..

ALT/BTC keeps setting new lows.

TOTAL2 is lower now than May 2021.

I am all for being a bulltard.

But retail just isn't buying alts.

And that is a fact.

I am bullish long term...

But short term I don't think that retail will suddenly start buying alts tomorrow because M2 is going up.

M2 can go as high as it wants but liquidity means nothing without willing buyers.

And besides us, who is buying alts?

I could very well be wrong.

I would like to hear what you guys think 👇